These top financial advisory firms in Los Angeles were carefully selected as the firms who manage the most client accounts and have the best reviews and recommendations. Use this list of top Los Angeles financial advisors to help you find a helpful and qualified financial advisor.
Reviews that the firm
Firms manage at least
$100 million in assets
Firms provide financialplanning and investment services
Firms are fee-only
|Financial Advisor||Assets Managed|
|1. Edelman Financial Engines||$169,000,000,000|
|2. Mercer Global Advisors Inc.||$11,053,472,525|
|3. KLS Professional Advisors Group||$5,848,741,213|
|4. Churchill Management Group||$5,500,283,541|
|5. Freestone Capital Management, LLC||$4,689,552,671|
|6. Index Fund Advisors Inc.||$3,572,355,741|
|7. EP Wealth Advisors||$3,600,000,000|
|8. Massey, Quick & Co.||$2,975,554,906|
|9. Halbert Hargrove||$2,523,343,132|
|10. Beacon Pointe Wealth Advisors||$2,250,144,680|
The help of an expert financial advisor can help you not only get organized, but also get prepared for your future. Read each firms description below to discern whether their advisors might be the right fit. Once you narrow your list, here are top questions to ask a financial advisor before hiring.
21550 W Oxnard Street Suite 950
Woodland Hills, WA 91367
Financial Engines is an award-winning financial planning and investment management firm that was founded in 1996 and has been providing individuals, families and Fortune 500 companies financial guidance ever since. They provide the convenience of a local service but offer national resources. The investment advisory firm offers fiduciary services, meaning they are legally and ethically required to put client interests before their own.
Edelman Financial Engines is a financial advisory firm that has $205.60 Billion in assets under management. The firm has helped many people manage their monetary assets, from everyday Americans to hundreds of Fortune 500 companies. The financial giant has 180 branches across the country and offers a myriad of financial services focused on financial planning, investment management, retirement planning, and money management.
Edelman Financial Engines provides objective, fee-based advice and asset management with an aim to help you build a better financial future. They also offer fiduciary services, and are legally and ethically required to put client interests before their own. The financial advisory firm is seen as a leader in the financial space and is known for catering financial portfolios and plans based on their clients’ unique financial goals and needs.
Edelman Financial Engines was officially formed in 2018 when Edelman Financial Services, LLC merged with Financial Engines Advisors, L.L.C. Both of these two firms were in the advisory business for some time before merging. Edelman was established in 1986 by Ric and Jean Edelman, and Financial Engines was created in 1997. Today the firm is the largest independent registered investment advisor in the nation, serving over 1 million people with over $150 Billion assets under management.
Founded in 1996
Retirement Planning, Portfolio Management, Investment Advisory
Requires a $50,000 minimum investment and charges a blended rate between 1.50% and 0.90% for ongoing portfolio management services, depending on the size of the portfolio.
15233 Ventura Boulevard, Suite 1140
Sherman Oaks, CA 91403
Mercer Global Advisors offers comprehensive wealth management services to help clients with all aspects of their financial life. Their founder, Kendrick Mercer started the firm as a law practice in 1985 to work with clients to give them the best service possible and deliver economic freedom so “they don’t have to worry about money.” The Los Angeles office has been in business since 2008.
As a full-service wealth management firm, the firm looks at your financial life holistically by blending investment advice, financial planning and real-life goal-setting. The Seattle team of wealth management experts includes Certified Financial Planners, investment advisors and strategists, estate planners, attorneys and Certified Public Accountants. The advisors follow the fiduciary standard to put clients’ needs and interests first, and they have been successful for over 30 years helping families navigate their financial needs from starting out in life and building financial portfolios to enjoying retirement.
Mercer Global Advisors uses a transparent, fee-only model and a trusted custodian. The annual management fee for ongoing portfolio management services is negotiable.
Founded in 1985
Investment Management, Financial Planning, Estate Planning, Tax Planning & Preparation, Corporate Trustee
Requires a $250,000 minimum investment.
2049 Century Park East
Los Angeles, CA 90067
KLS Professional Advisors Group is an investment management firm that focuses on the client needs as they “don’t sell” but “manage and advise” according to their website. The firm was founded in 1989 on the premise that financial advice should not be influenced by the incentive to sell products and they follow the fiduciary standard that focuses on meeting clients’ unique needs. Their core mission is to “provide smart, unbiased advice while integrating and executing on all aspects of a person’s financial affairs.”
KLS Professional Advisors Group federally registered in 2004, uses a transparent fee-only model, a trusted custodian and has over 6 Billion in assets under management. The investment advisory firm in New York focuses on the “KLS Advantage” which focuses on comprehensive advice and expertise on all aspects of financial affairs, unbiased solutions that serve the clients’ best interest and follow through to implement financial strategy and decisions.
Founded in 2004
Financial Planning, Investment Management, Estate Planning
$1,000,000 minimum required investment.
5900 Wilshire Boulevard Suite 400
Los Angeles, CA 90036
Churchill Management Group is a registered investment advisor firm that focuses on investing from both a top-down and bottom-up perspective. The fee-based firm has been a trusted name in the wealth management industry since it was founded in 1963, so it has a plethora of experience guiding clients through both bull and bear markets. The firm has 56 advisors on staff with a number of financial certifications.
Churchill’s investment philosophy is centered on the belief that financial markets and economic environments move cyclically. The firm believes that different investments provide different results depending on the point of the market cycle. So, Churchill views the market cycle as a reference point for its investment decisions for clients.
The firm primarily invests its clients in equity and equity-related securities that are publicly traded. Churchill offers eight different securities management strategies: premier wealth tactical and premier wealth tactical core, ETF sector rotation, premier wealth tactical core/ ETF sector rotation, equity growth and value, equity dividend income, maximum growth tactical, tactical opportunity and balanced accounts with each equity strategy, aside from maximum growth tactical.
The firm has a required minimum investment of $750,000 and was named No. 1 independent financial advisor in the nation by Barron’s* in 2016.
Founded in 1963
Financial Planning, Portfolio Management, Wealth Management
Required minimum investment of $750,000.
205 East Carrillo Street, Suite 217
Santa Barbara, CA 93101
Freestone Capital Management is a 100% employee-owned wealth management firm that manages nearly $4.7 Billion for its clients. Clients range from a mix of families, high-net-worth individuals, investment vehicles, charitable organizations, corporations and pension and profit-sharing plans.
Services offered by Freestone Capital Management include investment advising, private funds, financial planning, retirement plan solutions, insurance, college planning and corporate benefits. Though there is technically no minimum investment, the firm seeks clients who want to have at least $1 million in discretionary assets.
Advisors at Freestone Capital Management seek to build a portfolio with a proper balance of risk and reward, based on what the client wants and what the client’s financial goals are. The firm’s strategy is summed up in the motto “stay wealthy.” There are California offices in Santa Barbara, San Francisco and Sunnyvale.
Founded in 1999.
Investment Management, Financial Planning, Retirement Planning, Insurance, Corporate Benefits
Minimum investment of $1 Million.
With our trusted network of advisors, we’ll connect you with up to three established planners in your area.
19200 Von Karman Avene Suite 150
Irvine, CA 92612
Index Fund Advisors, Inc. (IFA) is a fee-only advisory and wealth management firm that provides risk-appropriate, returns-optimized, globally-diversified and tax-managed investment strategies with a fiduciary standard of care.
Founded in 1999, IFA is a Registered Investment Adviser that provides investment advice to individuals, trusts, corporations, non-profits, and public and private institutions. According to their website, Index Fund Advisors helps “guide investors through all life and retirement stages by taking a personalized approach to matching people with portfolios while providing a full range of wealth services.”
Headquartered in Irvine, California, Index Fund Advisors has 45 advisors with a certifications and credentials in many areas and offers a low minimum investment of $100,000.
Founded in 2000.
Financial Planning, Risk Management, Portfolio Management
Minimum investment of $100,000.
250 Lafayette Circle Suite 203
Lafayette, CA 94549
EP Wealth Advisors is an investment management, financial planning and wealth advisory firm with over $4 billion in client assets under management. The firm specializes in client-centric financial planning and investment management services. The firm, which is based in California, has been around for nearly thirty years and has been offering fiduciary services in the greater Seattle area for nearly twenty years.
EP Wealth Advisors is fee-only and offers integrated and personalized financial services that cover everything from your retirement portfolio, mortgage, taxes and insurance so that you get ‘big picture’ information for your financial planning strategizing. Their “Peace of Mind Planning Model” works with clients to understand their finances from the goal setting and strategy phase through the implementation and monitoring phase.
EP Wealth Advisors also created a Women’s Initiative in 2016 to help women not only become more financially literate, but also to help close the gender pay and investing gaps in the U.S. The financial advisory firm requires a $500,000 minimum investment and charges a blended rate between 1.00 percent and 0.65 percent for ongoing portfolio management services, depending on the size of your portfolio.
Founded in 1987
Financial Planning, Tax Planning, Business Planning, Life Transition Planning, Investment Management, Retirement Planning, Estate Planning, Financial Education
Advisor minimum of $500,000.
11100 Santa Monica Blvd Suite 1910
Los Angeles, CA 90025
Massey Quick Simon is a fee-only firm managing nearly $3.03 billion for clients. Most of the individual clients of the firm are high-net-worth, though not all. Institutional clients include pooled investment vehicles, pension and profit-sharing plans, charitable organizations, state or municipal government entities, other investment advisors, insurance companies and other corporations.
Founded in 2004
Financial Planning, Investment Management, Tax Management, Estate Planning
$500,000 minimum account size.
111 W Ocean Blvd Suite 23
Long Beach, CA 90802
Halbert Hargrove has been servicing clients for over thirty years, is a registered investment advisor in 13 states and has over $2.5 Billion in assets under management. The financial advisor firm caters to high-net-worth clients and their goal is to “help clients feel confident and supported” in all their investing and asset management needs.
Halbert Hargrove has built a strong reputation as a top adviser on every dimension of their clients’ wealth by helping to build ideas investment portfolios based on unique financial needs. That includes applying forward-thinking investment strategies, and bringing in outside expertise when needed. Their website states they “anticipate client risks and execute wisely, keeping a steady eye on the future.”
Halbert Hargrove requires a $1,000,000 minimum investment and charges a blended rate between 1.00% and 0.50% for ongoing portfolio management services, depending on the size of the portfolio.
Founded in 1988
Wealth Protection, Estate Planning, Financial Planning, Charitable Gifting, Special Family Situations
$1,000,000 minimum investment
11601 Wilshire Blvd Suite 1600
Los Angeles, CA 90025
Beacon Pointe Wealth Advisors is an independent advisory firm dedicated to providing clients with objective, thoughtful investment and financial guidance. The financial advisory firm is headquartered in California, with regional offices across the U.S.
Through shared ownership and affiliation with Beacon Pointe Advisors (BPA), one of the nation’s largest independent registered investment advisors, Beacon Pointe Wealth Advisors allows its partners to leverage BPA’s resources and is able to deliver a distinctive investment approach comprised of some of the country’s leading investment managers. Beacon Pointe Advisors’ mission is to provide highly professional, comprehensive and objective investment and financial advice for both institutions and wealthy families. The Beacon Pointe family of companies, including BPA and BPWA, have over $9.5 billion in combined assets under management.
Founded in 2004
Private Wealth Management Services, Institutional Consulting Services, Retirement Plan Consulting Services, Advisor Partnership Opportunities
$1,000,000 minimum investment.
Finding a top financial advisor firm in Los Angeles, California can be challenging. We have compiled top financial firms based on reviews and the firms with the most assets under management to help take the ‘guess work’ out of finding a financial advisor you can trust.
Think about it: smart money-management and taking measures to prepare for your future is one of the best investments you can make. That’s why choosing a financial advisor you can trust is one of the most important things you can do for a successful financial future.
Advisors should be able to directly answer your questions with detailed, documented proof of their fee structure, standards, code of ethics and policies. This list of top financial advisor firms in the Los Angeles, California area can help you find an advisor who not only meets your unique needs but also helps you set your financial goals in motion.
*The Top 40 Independent Advisory Firm Ranking issued by Barron’s is qualitative and quantitative, including assets managed, the size and experience of teams, and the regulatory records of the advisers and firms. Firms elect to participate, but do not pay to be included in the ranking. Investor returns/experience are not considered. 2018 ranking refers to Edelman Financial Services, LLC. (EFS), which combined its advisory business in its entirety with Financial Engines Advisors L.L.C. (FEA) in November 2018. For the same survey, FEA received a precombination ranking of twelfth.
*Criteria: Compiled FINRA data and public advisory firm data for financial advisory firms who: